Lupin Limited — Others, 20-06-2025: ESOP/ESOS/ESPS

Lupin Limited has granted a total of 2,926 stock options to its employees and those of its subsidiaries under two ESOP plans, at an exercise price of ₹2 per option. Each option allows the holder to subscribe to one equity share of face value ₹2. The options will vest equally over four years, starting one year from the grant date. This move aligns employee incentives with company performance, potentially aiding retention and motivation.